Common use of Surrender of Warrant Certificates Clause in Contracts

Surrender of Warrant Certificates. Any Warrant Certificate surrendered for registration of transfer, exchange, exercise or repurchase of the Warrants represented thereby, shall, if surrendered to the Company, be delivered to the Warrant Agent, and all Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued by the Company and, except as provided in this Section 5 in case of a transfer or exchange or in Section 3 in case of the exercise or repurchase of less than all the Warrants represented thereby or in case of a mutilated Warrant Certificate, no Warrant Certificate shall be issued hereunder in lieu thereof. All cancelled Warrant Certificates held by the Warrant Agent shall be disposed of by the Warrant Agent in accordance with its customary procedures and certification of their disposal will be delivered to the Company from time to time as the Company may direct in writing.

Appears in 3 contracts

Samples: Warrant Agreement (Symmetry Holdings Inc), Warrant Agreement (Symmetry Holdings Inc), Warrant Agreement (Symmetry Holdings Inc)

AutoNDA by SimpleDocs

Surrender of Warrant Certificates. Any Warrant Certificate surrendered for registration of transfer, exchange, exercise or repurchase of the Warrants represented thereby, or in connection with a Conversion, shall, if surrendered to the Company, be delivered to the Warrant Agent, and all Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued by the Company and, except as provided in this Section 5 in case of a transfer or exchange or in Section 3 in case of the exercise or repurchase of less than all the Warrants represented thereby or in case of a mutilated Warrant Certificate, no Warrant Certificate shall be issued hereunder in lieu thereof. All cancelled Warrant Certificates held by the Warrant Agent shall be disposed of by the Warrant Agent in accordance with its customary procedures and certification of their disposal will be delivered to the Company from time to time as the Company may direct in writing.

Appears in 2 contracts

Samples: Warrant Agreement (Dov Pharmaceutical Inc), Warrant Agreement (Symmetry Holdings Inc)

AutoNDA by SimpleDocs

Surrender of Warrant Certificates. Any Warrant Certificate surrendered for registration of transfer, exchange, exercise or repurchase of the Warrants represented thereby, thereby shall, if surrendered to the Company, be delivered to the Warrant Agent, and all Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued by the Company and, except as provided in this Section 5 in case of a transfer or exchange or in Section 3 in case of the exercise or repurchase of less than all the Warrants represented thereby or in case of a mutilated Warrant Certificate, no Warrant Certificate shall be issued hereunder in lieu thereof. All cancelled Warrant Certificates held by the Warrant Agent shall be disposed of by the Warrant Agent in accordance with its customary procedures and certification of their disposal will be delivered to the Company from time to time as the Company may direct in writing.

Appears in 2 contracts

Samples: Warrant Agreement (Symmetry Holdings Inc), Warrant Agreement (Symmetry Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.